Interior Design Software Global Market Report 2024

The interior design software market size has grown rapidly in recent years. It will grow from $5.24 billion in 2023 to $5.9 billion in 2024 at a compound annual growth rate (CAGR) of 12.7%. The increase during the historical period can be credited to the extensive use of computer-aided design (CAD), the rising popularity of home renovations, globalization, changing consumer tastes, and a heightened focus on sustainability.

The interior design software market size is expected to see rapid growth in the next few years. It will grow to $9.64 billion in 2028 at a compound annual growth rate (CAGR) of 13%. During the forecast period, growth can be linked to the greater incorporation of artificial intelligence (AI) technologies, the expanding use of mobile devices, improved cross-platform compatibility, the rise of virtual design communities, and the inclusion of regulatory compliance features. Key trends in this period encompass AI-driven design support, wider adoption of virtual reality (VR) and augmented reality (AR) technologies, the increasing appeal of cloud-based interior design software, the creation of mobile-friendly interior design applications, and seamless integration with smart home devices.

The anticipated growth in the residential sector is poised to drive the expansion of the interior design software market in the future. The residential sector denotes a specific geographic area where permits are issued for constructing residential buildings or structures in accordance with building and zoning regulations. The growth in this sector is attributed to factors such as population growth, advancements in construction technology, increasing awareness of sustainability, and changing lifestyle preferences. Interior design software facilitates the streamlined creation and visualization of residential spaces, offering tools for floor planning, furniture arrangement, material selection, and 3D rendering. For example, in April 2024, as reported by the National Association of REALTORS, a U.S.-based trade association, it is forecasted that existing home sales will rise by 9% in 2024 to reach 4.46 million, up from 4.09 million in 2023. Consequently, the growth in the residential sector is propelling the growth of the interior design software market.

Key players in the interior design software market are concentrating on developing advanced solutions, such as AI-driven interior design platforms, to gain a competitive advantage. An AI-based interior design platform is software that leverages artificial intelligence (AI) algorithms and technologies to assist users in designing interior spaces. For instance, in March 2024, V Starr Interiors LLC, a U.S.-based firm offering interior design services, introduced Palazzo, an AI-powered platform. The platform integrates features that allow users to modify specific elements within images, such as adjusting the color of a couch. It also incorporates a personalized style quiz aimed at enhancing Vinci's understanding of users' preferences. Furthermore, users can access content and receive real-time feedback from other platform users.

In December 2021, Compusoft Group, a UK-based company specializing in kitchen and bathroom design software, merged with 20-20 Technologies Inc. for an undisclosed sum. This merger forms a company with a global presence, expanded scale, and local expertise to better serve customers across the kitchen, bathroom, furniture, and window and door segments. The combined entity will provide a comprehensive suite of planning, design, visualization, configuration, pricing, quoting, ERP, and manufacturing solutions. 20-20 Technologies Inc. is a Canada-based provider of interior design software.

Major companies operating in the interior design software market are Dassault Systemes SE, Autodesk Inc., Trimble Inc., Houzz Inc., Homestyler, Foyr LLC, Chief Architect Inc., SmartDraw LLC, EasternGraphics GmbH, Sweet Home 3D, AutoCAD, Infurnia Technologies Pvt. Ltd, Cedreo ltd., Roomstyler Ltd., 3Ds Max, ECDESIGN Sweden AB, Decolabs, Mydoma Inc., Design Manager, DesignSpec Ltd., Adobe Substance 3D, TurboCAD Ltd., BeLight Software Ltd, RoomSketcher AS, Asynth.

North America was the largest region in the interior design software market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the interior design software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the interior design software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Interior design software encompasses computer programs and apps tailored for professionals and enthusiasts in interior design, offering a digital platform for conceptualizing, visualizing, and planning interior spaces across residential, commercial, and industrial domains. These tools streamline the design process, improve communication and collaboration, and empower designers to craft captivating and practical interiors that align with clients' preferences and requirements.

The primary categories of interior design software include desktop applications, mobile and tablet apps, and other specialized tools. Desktop applications are designed for specific tasks such as music playback, email communication, word processing, and professional spreadsheet creation. They can be deployed either on-premises or in the cloud, offering functionalities such as 2D design tools, 3D design tools, virtual reality (VR), and augmented reality (AR) capabilities. The user base for interior design software spans individuals and businesses, catering to diverse sectors such as residential and non-residential environments.

The interior design software market research report is one of a series of new reports that provides interior design software market statistics, including interior design software industry global market size, regional shares, competitors with a interior design software market share, detailed interior design software market segments, market trends and opportunities, and any further data you may need to thrive in the interior design software industry. This interior design software market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The interior design software market includes revenues earned by entities by providing services such as floor planning, furniture arrangement, material selection, and 3D rendering. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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